BNB babcock & brown limited

bnb valuation, page-24

  1. 17,444 Posts.
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    HotDog

    In the US it will probably be longer.

    This is a 40 year cycle top.

    Think of 1932 and 1974 and then think 2013 as a comparative low.

    The odds are that this decline is only close to half done in price.

    I am hoping that this first move down is nearly done and that the worst is in a year or two, but it could be that the worst comes now and just ranges for many years.
 
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